Chief Executive Herbert Diess in March said Volkswagen was reviewing its portfolio of brands, which also include Ducati and Bentley, and whether to divest some non-core businesses. Volkswagen is readying to fold Lamborghini into a separate legal entity, in a process that may wind up toward the end of next year, Bloomberg reported, citing sources.

NASCAR could introduce hybrid powered cars as early as 2022, NASCAR's SVP for Racing Development John Probst told TechCrunch. "We travel the world visiting other sanctioning bodies and are not ignorant to the fact that the world's going towards more hybrid technology," Probst told TechCrunch during a track-side interview at Charlotte Motor Speedway. A NASCAR rep speaking on background added further clarification saying, "Nothing is fully confirmed until it hits the race track.

Hyundai Motor Co and affiliate Kia Motors Corp have earmarked 900 billion won ($758 million) to settle U.S. class action litigation and address engine-related issues in the United States and South Korea. The move marks the South Korean auto giant's first major effort to resolve years of trouble over engine defects that have also sparked probes by the U.S. safety regulator and prosecutors. Hyundai Motor will make a provision of about 600 billion won in its July to Septem

Renault ousted chief executive Thierry Bollore on Friday, as the French carmaker and its Japanese partner Nissan seek to rekindle their alliance following the scandal-hit tenure of former alliance supremo Carlos Ghosn. Tensions between Renault and Nissan, which picked a new CEO on Tuesday, have been high since Ghosn's arrest in Tokyo last year on allegations of financial misconduct, which he denies. Bollore, who was close to Ghosn and had strained relations with Nissan's pre

While emphasising GM's commitment to the collective bargaining process, the letter, signed by Executive Vice-President for Global Manufacturing Gerald Johnson, circumvents United Auto Workers (UAW) leadership and points to frustration at a lack of progress on ending a conflict that has already cost the company more than $1 billion. "The strike has been hard on you, your families, our communities, the Company, our suppliers and dealers," it read, saying the latest offer increased compensation an

Formula One team bosses backed the decision of Japanese Grand Prix organisers to cancel all of Saturday's practice and qualifying sessions as the sport hunkered down to ride out Typhoon Hagibis. Originally scheduled for 3 p.m. on Saturday (0600 GMT), the hour-long qualifying session that decides the grid order for the race will now be held at 10 a.m. (0100 GMT) on Sunday, a revised schedule issued by organizers showed. Final practice, which would normally take place before qualifying, has been

Ford Motor Co's July-to-September vehicle sales in China fell 30%, as the U.S. automaker continued to lose ground in a prolonged sales decline in its second biggest market. The Dearborn, Michigan-based automaker delivered 131,060 vehicles in China in the third quarter, Ford said in a statement. Ford's sales in China fell 35.8% in the first quarter and by 21.7% in the second quarter.

Welterweight boxing champion Errol Spence crashed a speeding Ferrari in Dallas early Thursday and was badly injured but is expected to survive, police said. The crash happened just before 3 a.m., when Spence's Ferrari crossed a median into oncoming traffic and flipped over several times, ejecting Spence, who wasn't wearing a seatbelt, police said. Spence was taken to a hospital and placed in the intensive care unit.

Barra met with UAW President Gary Jones and senior union negotiator Terry Dittes on Wednesday at a time when GM had not yet received a formal response to a new offer made on Monday morning, sources briefed on the matter said. GM declined to comment on the meeting, but said progress was being made in the talks. There was a meeting (between Barra and Jones and Dittes) and we continue to meet at all levels," UAW spokesman Brian Rothenberg said.

General Motors Co's July to September vehicle sales in China fell 17.5%, as the U.S. automaker was hurt by a slowing economy amid the Sino-U.S. trade war and by heightened competition in its key mid-priced SUV segment. GM delivered 689,531 vehicles in China in the third quarter this year, according to a company statement. The drop for the quarter ended September 30 marks the fifth straight quarterly sales decline for GM in China, the world's biggest auto market.

And driving the Mercedes-Benz GLS, Porsche Panamera GTS and Hyundai Elantra GT N-Line